Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sees Significant Growth in Short Interest

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 5,136 shares, an increase of 166.7% from the May 14th total of 1,926 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 18,496 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – August

Hedge funds and other institutional investors have recently made changes to their positions in the business. Key Capital Management INC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the fourth quarter valued at about $47,000. Triumph Capital Management acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the third quarter valued at about $67,000. JPMorgan Chase & Co. grew its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 15.4% in the second quarter. JPMorgan Chase & Co. now owns 1,859 shares of the company’s stock valued at $75,000 after purchasing an additional 248 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 13.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,375 shares of the company’s stock valued at $101,000 after purchasing an additional 275 shares during the last quarter. Finally, Barclays PLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the fourth quarter valued at about $201,000.

Innovator U.S. Equity Power Buffer ETF – August Stock Performance

Shares of BATS:PAUG traded up $0.08 during midday trading on Friday, hitting $45.33. The company’s stock had a trading volume of 8,448 shares, compared to its average volume of 34,044. The stock has a market capitalization of $879.40 million, a price-to-earnings ratio of 24.79 and a beta of 0.48. The stock’s 50 day simple moving average is $44.64 and its 200 day simple moving average is $43.74. Innovator U.S. Equity Power Buffer ETF – August has a fifty-two week low of $39.33 and a fifty-two week high of $45.45.

About Innovator U.S. Equity Power Buffer ETF – August

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PAUG was launched on Aug 1, 2019 and is managed by Innovator.